Search found 2263 matches

by Carefreeap
Sun May 20, 2018 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Life Changes
Replies: 13
Views: 1273

Re: Life Changes

We have talked about doing something like this. Just caution this will either be the best thing ever for the family or very destructive. Wife needs to be 100% on board and excited about it. She is going to be stuck in a small cabin with 2 toddlers for a while and a drive to take them anywhere. Thin...
by Carefreeap
Fri May 18, 2018 11:10 am
Forum: Personal Consumer Issues
Topic: Arghhh! Oven Door Fell Off Again! <Update post 15>
Replies: 15
Views: 1656

Re: Arghhh! Oven Door Fell Off Again!

Update! First I want to thank the Boglehead community for the support and advice. I was able to reach Rick Bishop of Bishop Appliances and he made the long haul from Mesa to Carefree. In a nutshell my appliance guy did not do the full repair correctly and failed to lock the hinges into the door prop...
by Carefreeap
Tue May 15, 2018 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: I've bought a new home, should I sell or rent my old residence?
Replies: 21
Views: 1359

Re: I've bought a new home, should I sell or rent my old residence?

They need to diversify their savings from having everything tied up in his business. Having another illiquid asset is not good diversification.

Sell.
by Carefreeap
Tue May 15, 2018 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: New(ish) attending physicians in the Bay Area: Housing
Replies: 136
Views: 9280

Re: New(ish) attending physicians in the Bay Area: Housing

I'm not sure if I'm understanding the facts correctly (so please correct me if I'm mistaken) - you can get a 30 year loan at 0% but only one time? This seems strange but, if it's the case, it seems like quite the deal and I would want to take maximum advantage of it. I'd put as little down as I pos...
by Carefreeap
Tue May 15, 2018 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: New(ish) attending physicians in the Bay Area: Housing
Replies: 136
Views: 9280

Re: New(ish) attending physicians in the Bay Area: Housing

I'm not sure if I'm understanding the facts correctly (so please correct me if I'm mistaken) - you can get a 30 year loan at 0% but only one time? This seems strange but, if it's the case, it seems like quite the deal and I would want to take maximum advantage of it. I'd put as little down as I pos...
by Carefreeap
Tue May 15, 2018 3:56 pm
Forum: Personal Consumer Issues
Topic: Grand Canyon or other Nat'l Park in October?
Replies: 44
Views: 2220

Re: Grand Canyon or other Nat'l Park in October?

Grand Canyon is spectacular, but Death Valley is the geologists paradise. I’ll just preface by saying my wife also has a masters in Geology. And we’re both park rangers that have worked here. So, I might have a sense of where you’re coming from. ;) It can still be warm, but tolerable, probably up t...
by Carefreeap
Tue May 15, 2018 3:48 pm
Forum: Personal Consumer Issues
Topic: Grand Canyon or other Nat'l Park in October?
Replies: 44
Views: 2220

Re: Grand Canyon or other Nat'l Park in October?

One thing to consider on the Rim to Rim hike is the distance and driving time for the shuttle from one Rim to the other. It's about 250 miles and takes over 5 hours, so that's a day of your time either at the beginning or the end of the hike. Real hikers can do the hike in a day, but the rest of us...
by Carefreeap
Tue May 15, 2018 10:56 am
Forum: Personal Finance (Not Investing)
Topic: New(ish) attending physicians in the Bay Area: Housing
Replies: 136
Views: 9280

Re: New(ish) attending physicians in the Bay Area: Housing

This has crossed my mind too although the counter is that at least for now, our cash flow is very healthy renting and while that may one day eventually change, we’ll be well prepared to buy or move at that point (saving maybe 200k/year currently). Much of that annual savings is wiped out by the ann...
by Carefreeap
Tue May 15, 2018 10:49 am
Forum: Personal Finance (Not Investing)
Topic: New(ish) attending physicians in the Bay Area: Housing
Replies: 136
Views: 9280

Re: New(ish) attending physicians in the Bay Area: Housing

OP, as others have said, you CAN afford to buy on the SF Peninsula. Perception is reality, take a look at smaller homes to get you started. Born and raised here we can say from experience that it has never been easy going back to our first home purchase in 1979. A PLUS for you is that your income i...
by Carefreeap
Tue May 15, 2018 10:42 am
Forum: Local Chapters and Bogleheads Community
Topic: Yes, I'm 89 all right! [Jack Bogle]
Replies: 126
Views: 8838

Re: Yes, I'm 89 all right!

Wow! Thanks for taking the time to post.

You are a hero to so many of us by changing the investing model.

Here's to many more birthdays! :sharebeer
by Carefreeap
Mon May 14, 2018 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: New(ish) attending physicians in the Bay Area: Housing
Replies: 136
Views: 9280

Re: New(ish) attending physicians in the Bay Area: Housing

LKS, any idea how these couples are handling housing? Buying small, buying overextending, renting? Rent or bought small and they kept saving cash. Yeah, that is what we're currently doing. I suppose it is a drop in the bucket and a good problem to have, but at some point, my AA becomes tilted signi...
by Carefreeap
Mon May 14, 2018 4:45 pm
Forum: Personal Consumer Issues
Topic: Grand Canyon or other Nat'l Park in October?
Replies: 44
Views: 2220

Re: Grand Canyon or other Nat'l Park in October?

Rim to rim hike is a major hike. I didn't get the sense you're thinking about that. Plus you have to reserve the Phantom Ranch months in advance, and also have campsite reservations 3-4 months in advance. Plus you'll have to backpack all your camping gear if you plan to overnight anywhere but the P...
by Carefreeap
Mon May 14, 2018 11:23 am
Forum: Personal Finance (Not Investing)
Topic: California folks - Will/trust still needed with POD & TOD?
Replies: 12
Views: 1180

Re: California folks - Will/trust still needed with POD & TOD?

I imagine there can be situations simple enough that DIY is fine. They would probably apply when you did not really care what happened at your death: no human heirs, any assets to go to a charity, let them figure it out. With a spouse there are enough complications that I would want more certainty....
by Carefreeap
Sun May 13, 2018 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: California folks - Will/trust still needed with POD & TOD?
Replies: 12
Views: 1180

Re: California folks - Will/trust still needed with POD & TOD?

I imagine there can be situations simple enough that DIY is fine. They would probably apply when you did not really care what happened at your death: no human heirs, any assets to go to a charity, let them figure it out. With a spouse there are enough complications that I would want more certainty....
by Carefreeap
Sun May 13, 2018 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: New(ish) attending physicians in the Bay Area: Housing
Replies: 136
Views: 9280

Re: New(ish) attending physicians in the Bay Area: Housing

We’ve apparently entered some sort of vortex where things are very different. Perhaps it’s a bubble that will pop. I don’t normally bet on such things but, when two physicians can’t afford a home in the area, something absurd is happening. I’d save money and be ready to pounce when the right opport...
by Carefreeap
Sun May 13, 2018 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: New(ish) attending physicians in the Bay Area: Housing
Replies: 136
Views: 9280

Re: New(ish) attending physicians in the Bay Area: Housing

Bay Area Peninsula resident and property owner here. Have you thought about buying your parents house and having them "right-size" to a smaller house? They will want to take advantage of prop 60 (transfer of property tax base) but if they are in a big house maybe it's time make life easier for thems...
by Carefreeap
Sat May 05, 2018 11:24 am
Forum: Personal Consumer Issues
Topic: Arghhh! Oven Door Fell Off Again! <Update post 15>
Replies: 15
Views: 1656

Re: Arghhh! Oven Door Fell Off Again!

https://www.bestbuy.com/site/frigidaire-30-built-in-double-electric-wall-oven-stainless-steel/4708131.p?skuId=4708131&ref=212&loc=1&gclid=CMGasqvd7toCFYWxZQodrKgN7w&gclsrc=ds You can pick this one up for around $1,200 on sale Thanks. Right now it's showing about $1500. We're headed to AZ this weeke...
by Carefreeap
Sat May 05, 2018 11:10 am
Forum: Personal Consumer Issues
Topic: Arghhh! Oven Door Fell Off Again! <Update post 15>
Replies: 15
Views: 1656

Re: Arghhh! Oven Door Fell Off Again!

madbrain wrote:
Sat May 05, 2018 5:05 am
inbox788 wrote:
Thu May 03, 2018 8:34 pm
BTW, 408 area code is Phoenix.
That would be news to much of Silicon Valley.
Lol, moving from the Bay Area to the Greater Phoenix area was a challenge for this mildly dyslexic person. But I knew what he meant. :wink:
by Carefreeap
Fri May 04, 2018 6:34 pm
Forum: Personal Consumer Issues
Topic: Rebating buyer's agent for 1st time single-family home purchase
Replies: 40
Views: 2783

Re: Rebating buyer's agent for 1st time single-family home purchase

I do realize that there is a reason the commission is the way it is and is based on certain realities of the business of realtors. On the other hand, I'm a pretty detail oriented guy, and so far I've been quite disappointed with most people I've paid to do things for me (e.g., immigration lawyer fo...
by Carefreeap
Fri May 04, 2018 6:21 pm
Forum: Personal Consumer Issues
Topic: Rebating buyer's agent for 1st time single-family home purchase
Replies: 40
Views: 2783

Re: Rebating buyer's agent for 1st time single-family home purchase

I don't know what the "dummies" book has in it, but I can tell you from experience that the most overlooked part of buying any house is the neighborhood. Open houses and visits with agents are always during the day. Before you make an offer on any house go back without the agent and drive around th...
by Carefreeap
Fri May 04, 2018 5:54 pm
Forum: Personal Consumer Issues
Topic: Second week of biking in the Balkans
Replies: 4
Views: 561

Re: Second week of biking in the Balkans

Fabulous! About eight years ago I hiked through several of the locations you mentioned with Outward Bound International. We did take vans to get from location to location and stayed at some hiker's huts along the way. Such an amazing variety of terrain from the mountains and forests to the gorgeous ...
by Carefreeap
Fri May 04, 2018 5:33 pm
Forum: Personal Consumer Issues
Topic: Arghhh! Oven Door Fell Off Again! <Update post 15>
Replies: 15
Views: 1656

Re: Arghhh! Oven Door Fell Off Again!

I would think in a rental, a standard 30” stove might be a better choice. Tenants are hard on stuff. Ordinarily, I would agree and the simpler the better. It's a higher end home in an expensive neighborhood and we are likely to put it into service as a second home at some point. As I posted earlier...
by Carefreeap
Fri May 04, 2018 5:28 pm
Forum: Personal Consumer Issues
Topic: Arghhh! Oven Door Fell Off Again! <Update post 15>
Replies: 15
Views: 1656

Re: Arghhh! Oven Door Fell Off Again!

abuss368 wrote:
Thu May 03, 2018 9:09 pm
I was unaware that this could happen. I would question the need for a $3,000 replacement oven! Could you find a reasonable alternative for a much lower cost?
I was looking at double ovens at Lowe's today. $2500+ :(
by Carefreeap
Fri May 04, 2018 5:27 pm
Forum: Personal Consumer Issues
Topic: Arghhh! Oven Door Fell Off Again! <Update post 15>
Replies: 15
Views: 1656

Re: Arghhh! Oven Door Fell Off Again!

You could try to fix it yourself. Seems like a common problem, but the general door hinge fix is not sufficient and you have to find the right part to change the hanger in the oven itself if you can find the right part. That's going to be the challenge. BTW, $350 seems expensive to change out a few...
by Carefreeap
Thu May 03, 2018 6:05 pm
Forum: Personal Consumer Issues
Topic: Need advice on $5M property sale
Replies: 39
Views: 3978

Re: Need advice on $5M property sale

Raw land sales typically have a larger commission, often around 10%. They are a lot more complicated and typically take longer (often years) which is why the commission is higher. That said it sounds like you're in a hot area and probably want an experienced commercial broker, familiar with commerci...
by Carefreeap
Thu May 03, 2018 2:46 pm
Forum: Personal Consumer Issues
Topic: Arghhh! Oven Door Fell Off Again! <Update post 15>
Replies: 15
Views: 1656

Arghhh! Oven Door Fell Off Again! <Update post 15>

We have a Jenn-air Double Convection Oven in our home in AZ. It was installed in 2004 when it was our primary home. DH loves to cook and used it regularly. No problems during those five years other than the probe was defective and it was replaced. We moved out in 2009 and it has been tenant occupied...
by Carefreeap
Wed May 02, 2018 10:40 pm
Forum: Personal Consumer Issues
Topic: Should reliability rankings eliminate Jeep Grand Cherokee?
Replies: 91
Views: 5171

Re: Should reliability rankings eliminate Jeep Grand Cherokee?

My parents had a Jeep Grand Cherokee when I was growing up. It was towed more miles than it was driven. That's why I drive a Toyota Highlander today :) Lol and why I wound up trading mine for "parts" value in 2005 and bought a 4Runner. Still have the 4Runner with 147k miles. My Jeep Grand Cherokee ...
by Carefreeap
Sat Apr 28, 2018 6:12 pm
Forum: Personal Consumer Issues
Topic: Wedding - financial burden on couple and attendees
Replies: 168
Views: 10103

Re: Wedding - financial burden on couple and attendees

Since this is a finance forum, it would be interesting to know how much cash gift is lost due to a destination wedding, both from reduced number of attendees and less cash given due to money spend out of pocket by attending guests. It is gauche to even expect any presents at destination wedding. I ...
by Carefreeap
Sat Apr 28, 2018 5:13 pm
Forum: Personal Consumer Issues
Topic: Lake Tahoe
Replies: 28
Views: 2331

Re: Lake Tahoe

Another vote for staying in Tahoe. While I love SF and Yosemite they deserve their own or a longer trip. There is plenty to do in Tahoe and you've been given some great itineraries. FWIW last September I hiked half of the Tahoe Rim Trail and I had so much fun I'm hiking the other half this year. I'm...
by Carefreeap
Sat Apr 28, 2018 4:54 pm
Forum: Personal Consumer Issues
Topic: New Zealand Accomodations
Replies: 23
Views: 1929

Re: New Zealand Accomodations

Kia or a! Spending our last day in Renwick (pouring buckets unfortunately) but otherwise had great weather. Wound up booking tomorrow's stay at the QT again as the restaurants behind the hotel are plentiful and reasonable. There's always a ready supply of taxis and the ride to the airport isn't that...
by Carefreeap
Tue Apr 17, 2018 10:06 am
Forum: Personal Consumer Issues
Topic: San Diego Safari Zoo
Replies: 13
Views: 1050

Re: San Diego Safari Zoo

PS This is a Big Birthday trip and unfortunately in August. With the hot weather caution, I'm also reconsidering the need to spend 2 days in the park as their site suggests. You BH's rock with your willingness to help :sharebeer Kids? I'd look at booking either a hotel or vacation rental in Oceansi...
by Carefreeap
Mon Apr 16, 2018 5:21 pm
Forum: Personal Consumer Issues
Topic: San Diego Safari Zoo
Replies: 13
Views: 1050

Re: San Diego Safari Zoo

Are you talking about the Wild Animal Park in Escondido? If so, I would just rent a car for the day. I'd plan on four hours or so. Stone Brewery is nearby and a lovely place to have lunch or dinner even if you aren't a big beer fan and/or have kids. Good food and gorgeous grounds. Not a whole lot mo...
by Carefreeap
Mon Apr 16, 2018 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Rentals and Security Deposits
Replies: 21
Views: 1253

Re: Rentals and Security Deposits

There's a college rental company who bought up a ton of housing around a small 6,000 student college in my town. The rent by the room and have the parents guarantee the lease. Each tenant gets one bedroom in the lease and I think the company paid for the utilities up to X amount. In my rentals, I a...
by Carefreeap
Mon Apr 16, 2018 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Rentals and Security Deposits
Replies: 21
Views: 1253

Re: Rentals and Security Deposits

One of the many reasons why I wouldn't rent to groups despite the extra money. Deposit issues, constant turn-over in occupancy, and no one accountable for damage. Not worth the hassle in my opinion. Back when I was single (as described in previous post) and was denied rental from you, I would file ...
by Carefreeap
Sun Apr 15, 2018 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Rentals and Security Deposits
Replies: 21
Views: 1253

Re: Rentals and Security Deposits

One of the many reasons why I wouldn't rent to groups despite the extra money.

Deposit issues, constant turn-over in occupancy, and no one accountable for damage.

Not worth the hassle in my opinion.
by Carefreeap
Sat Apr 14, 2018 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: When to Cancel Disability Insurance
Replies: 2
Views: 373

Re: When to Cancel Disability Insurance

With your net worth and liquidity, I would.

We dropped supplemental life insurance on DH when we hit $2M and he was 48. At some point you realize you're going to be fine. :D
by Carefreeap
Sat Apr 14, 2018 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Should we save for our son's college?
Replies: 96
Views: 8462

Re: Should we save for our son's college?

Regardless of what individuals believe - Here in the US - the government kind of assumes the parents, if they can afford to do so, will be helping out. They do? According to whom? Who is "the government"? OP: There is no expectation that you pay for your child's college education. From what I have ...
by Carefreeap
Sat Apr 14, 2018 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Should we save for our son's college?
Replies: 96
Views: 8462

Re: Should we save for our son's college?

Short answer: yes, you should Longer answer: with your income your kid(s) will never qualify for any type of aid. Assuming you want your kids to get a degree, and are grooming them to do so, it would be doing them a disservice to leave them up to their own devices to pay for it, when aid is not an ...
by Carefreeap
Fri Apr 13, 2018 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: realtor wants to show house to buyer, no listing agent for me
Replies: 55
Views: 4874

Re: realtor wants to show house to buyer, no listing agent for me

Carefreeap, Thanks for your input. I checked Zillow.com. There are only 7 houses for sale in my area. All are 600 more feet more than mine and a lot more expensive. In the last 2 months , all houses sold in m area were at asking price. I guess this the the reason the buyer who wanted to see my hous...
by Carefreeap
Fri Apr 13, 2018 10:27 am
Forum: Personal Finance (Not Investing)
Topic: realtor wants to show house to buyer, no listing agent for me
Replies: 55
Views: 4874

Re: realtor wants to show house to buyer, no listing agent for me

Okay, realtor called and left a voice message for suggested date and time for weekend viewing. I just called her back and told her I really don't want to sell my house. I love my house, it has been recently remodeled and I love the location. No problem. Her response was call me when you want to sel...
by Carefreeap
Fri Apr 13, 2018 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Family shared real estate purchase - how to best structure?
Replies: 20
Views: 1684

Re: Family shared real estate purchase - how to best structure?

Please post the numbers involved e.g.

House price
Any financing required
Parents income

Are the parents expected to provide childcare for any of their grandchildren. If so is the amount of care proportional to their child's monetary contribution.?
by Carefreeap
Thu Apr 12, 2018 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: States with tax-friendly policies for dividends/LTCG
Replies: 16
Views: 2122

Re: States with tax-friendly policies for dividends/LTCG

The Hall tax in TN is being phased out at a rate of 1% per year and in 2022 TN will join the few other states that have no personal income tax at all. http://www.tennessean.com/story/news/politics/2016/05/20/gov-bill-haslam-signs-hall-income-tax-cut-repeal-into-law/84044810/ https://taxfoundation.o...
by Carefreeap
Tue Apr 10, 2018 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Power of Attorney real estate sales
Replies: 4
Views: 416

Re: Power of Attorney real estate sales

What state is the property in?

I would contact the title insurance people and see what they need. There are different requirements for different states. For example CA requires a specific POA to execute real estate transactions but doesn't require a real estate attorney for closings.
by Carefreeap
Tue Apr 10, 2018 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Prepay Capital Gains Tax from Home Sale?
Replies: 3
Views: 308

Re: Prepay Capital Gains Tax from Home Sale?

Yes. CA does a mandatory 3% W/H and we mailed a check to the Feds as soon as we got our sales proceeds last July. We still owed another $3,300 in Fed tax but got a $10k+ refund from the State. I sleep easier giving the government an interest free short term loan vs getting hit with a big tax bill an...
by Carefreeap
Tue Apr 10, 2018 9:59 am
Forum: Personal Finance (Not Investing)
Topic: 4runner vs. Highlander?
Replies: 43
Views: 10706

Re: 4runner vs. Highlander?

Yes the Highlander is built on the Camry chassis and I think the 4 runner is the same as the Pre-runner truck chassis. I've heard several folks declare that the 4Runner is built on the Tacoma Chassis. It certainly looks that way and would be easy to assume. I looked it up. According to an article I...
by Carefreeap
Mon Apr 09, 2018 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Stay on the course or pay the taxes? [Should I stay or go (rental property)]
Replies: 20
Views: 1074

Re: Should I stay or go (rental property)

I posted on your other thread. It would be helpful to see what the % of the net equity of this house is in comparison to the rest of your portfolio.

Would this house make sense as a retirement house?
by Carefreeap
Mon Apr 09, 2018 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Stay on the course or pay the taxes? [Should I stay or go (rental property)]
Replies: 20
Views: 1074

Re: Stay on the course or pay the taxes?

Hi Scott and welcome to the forum. First, don't let the tax tail wag the dog. I think it's more helpful to look at your actual account balances with the taxable gains as a footnote. Depending on your income, you may not pay any or much on the capital gains. Or you can do what we did and spread them ...
by Carefreeap
Mon Apr 09, 2018 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Hold or sell rental property? Better for taxes to sell during retirement?
Replies: 10
Views: 804

Re: Hold or sell rental property? Better for taxes to sell during retirement?

Like other posters have said, the deferred/pending maintenance couple with a low-income area makes the downside worse than the upside. There will very likely be some tax benefit to delaying the sale. The recapture tax will be what it is, but the LTCG portion will benefit in a zero income year. Ther...
by Carefreeap
Sat Apr 07, 2018 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Second home [buy with retirement funds?]
Replies: 51
Views: 3104

Re: Second home [buy with retirement funds?]

Hi everyone, Here us more info about condo we are looking at, it would be managed by the rental company, I think it is Vail resorts. They do take 40%, but handle everything. We just let them know when we want it. It is already nicely furnished and updated. The management checks on it weekly when no...
by Carefreeap
Fri Apr 06, 2018 6:44 pm
Forum: Personal Consumer Issues
Topic: Starting a home search... Late 60s rancher?
Replies: 18
Views: 1586

Re: Starting a home search... Late 60s rancher?

We're mid century fans too and have owned 5 houses built between 1958-1964. Lots of good comments posted and I'll add a couple more. Get a good home inspection. The best inspectors belong to ASHI (American Society of Home Inspectors). The best reports are a combination of checklist and narrative. Th...